Battle is on at PDC for control

摘要

PRIVATE equity firm Kim-meridge Energy Management Partners has nominated a slate of board candidates for Colorado-based PDC Energy as the company continues to push for new ways to increase shareholder value in the US player, writes Julia Martinez. The activist investor, which holds a 5.1% stake in PDC, said the move would "create a catalyst for change" by showing the board that shareholders are serious about taking steps toward improving the company's performance.